Hi,
I have quite a bit of unused concessional super contributions ($79,000) which I have started utilising since last year.
This year I have used up the $30,000 cap and added another $20,000 from unused concessional contribution bucket. I am planning to add another $35,000 before the year end as non-concessional super contributions. I am planning to use the rest of my unused concessional contribution for my future income. I understand I will need to complete an intent to claim tax form but what figure do I need to complete on the form . Do i need to let ATO know of not allocating the $35000 to the unused concessional cap or they will figure it out.
Getting abit muddled up with how the whole thing works. Thank you in advance.